Features and Functions

Payouts in RazorpayX come with variety of features and functions. You can:

• Add attachments

  to your payouts and help customers and clients reconcile payments.

• Create Payout Purpose

  as a narration to the payment to give context. You can create new or/and use the existing ones.

• Create and view Payout summary

  as created.

• Use the various supported payout modes

  to process payouts from RazorpayX Lite and Current Account.

• Make payouts in Test Mode

  to understand the payout process and life cycle.

If a payout fails at any stage,

The payout amount, fees and tax are deducted from your RazorpayX account balance. These appear as a debit against your RazorpayX account. Know more about

How to Make Payouts

You can make payouts in 3 simple steps:

1. Add funds to your business account.
2. Create a Contact and a Fund account. This is similar to adding a beneficiary on your netbanking portal. Know more about adding

   Contacts and Fund accounts

   .
3. Make a payout.

To make a Payout:

1. Log in to the

   RazorpayX Dashboard

   .

2. You can navigate to Payouts in two ways:

   • Click + Payouts on the top-right side of the dashboard or
   • Hover over Payouts on the left navigation and click +.
   • You can also click Payouts on the left navigation and then click + Payouts on the left side.
   

3. Select an existing contact or

   create a new one

   .

4. Hover over the fund account to which you want to make the payout and click NEXT or

   + FUND ACCOUNT
   as per requirement.

5. Enter the total amount to be paid and click Next.

6. Select the Payout Details:

   • Payout Purpose (mandatory)
   • Debit from (mandatory)
   • Transfer Type (mandatory)
   • Attachment (optional)
   • Additional details (optional)

7. Click Next. An OTP is sent to your registered mobile number and email id. Enter the OTP to confirm the Payout.

8. Click Pay.

Payout Purpose

You can select the purpose as a narration to the payout as it leads to easier reconciliation. You can choose an existing purpose or create a new one while making the payout itself.

Create Payout Purpose

To create payout purpose via the dashboard:

1. Log in to the

   RazorpayX Dashboard

   .
2. Navigate to Payouts on the left navigation and click the more options (⋮) menu.
3. Click Create Payout Purpose.
   
4. Enter the purpose.
5. Click CREATE PAYOUT PURPOSE.
   

The payout purpose is created. You can also create a new payout purpose while creating a payout. Click + ADD PAYOUT PURPOSE.

Add Attachments

You can add attachments to payouts either during or after the Payout creation. Attachments provide increased visibility for you, your payout recipients and

Upload Attachments During Payout Creation

To add attachments during the payout creation process:

1. On your Dashboard,

   create a Payout

   .

2. In the Payout Details page of creating a payout, add files against Attachment, as shown.

   • You can upload files with .pdf, .jpg, .jpg, .doc and .xls extensions.
   • The supported file size is upto 5 MB.
   • Drag and drop the file or click browse to upload it from the system.
     

   The image below shows how to add an attachment during the payout creation process. You can also add

   after creating payouts

   .
   

3. Add other details in + ADDITIONAL DETAILS if required and click NEXT. Confirm the Payout with OTP and Pay ₹.

Upload Attachments After Payout Creation

To add attachments after the Payout is created:

1. In you Payouts Dashboard, click on the Payout you want to add an attachment to.
2. Navigate to Attachment in pop-up page that appears to the right.
3. Click Upload and upload the attachment file. The supported file type remain

   as mentioned above

   .

Cancel Payouts

You can cancel the payouts in a

To cancel the payout:

1. Log in to the

   RazorpayX Dashboard

   .

Either:

1. Navigate to Payouts.
2. Hover over the payout you want to cancel and click CANCEL. Your payout is cancelled.
   

Or you can also:

1. Select the payout you want to cancel.
2. Click CANCEL PAYOUT on the right-pane. Your payout is cancelled.
   

Actions

Know more about creating

Payout Modes and TAT

You can make payouts using any one of the following payout modes. The transaction limits and operating hours for each payout mode is listed in the below table.

RazorpayX Lite

The following table indicates the payout modes, transaction limits and operating hours for each payout mode for

^*NEFT/RTGS working days - All days except 2^nd and 4^th Saturdays, Sundays and any NEFT/RTGS holiday.

Please contact our

Current Account

The following table indicates the payout modes, transaction limits and operating hours for each payout mode for

^*NEFT/RTGS working days - All days except 2^nd and 4^th Saturdays, Sundays and any NEFT/RTGS holiday. Download the

^**Currently, the UPI facility is available only for Current Accounts opened through RBL.

Related Information

• Payout Life Cycle and States

• Queued Payouts

• Scheduled Payouts

• Intelligent Payouts

• Payouts to Cards

• Payout Status Details

• Payout Best Practices